SCA increases the prices on white and brown kraftliner in Europe by €50 per tonne. The new price is valid from April 1, 2021.
“The European kraftliner market continues to be strong and stable”, comments Mikael Frölander, VP Sales and Marketing Containerboard.
https://www.sca.com/en/about-us/Investors/press-releases/2021-02/sca-to-increase-kraftliner-prices-by-50-per-tonne/
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The Twin Rivers Paper Company has received FSSC 22000 Certification for Food Packaging, for its New York-based, Lyonsdale, Mohawk Valley, and Mill Street mills. FSSC 22000 is a GSI recognized, food safety certification developed to improve consistency and integrity throughout all aspects of the food safety supply chain. Twin Rivers’ compliance to the requirements of this internationally recognized standard is another assurance that its food packaging products meet the food safety requirements its customers require. “With the passing of the Food Safety Modernization Act (FSMA) in 2011, many of our customers are already certified or are in the process of becoming certified and statistics show that approximately one out of four companies are asking their suppliers to achieve certification. Achieving this industry-wide, recognizable, and auditable standard tells our customers that we have the proper systems in place to ensure food-safe packaging. It’s something that is quickly becoming a necessary part of doing business,” said Jeff Hederick, Chief Commercial Officer.
Adjusted operating earnings in the third quarter of 2017 were $449 million or $1.08 per share compared with $270 million or $0.65 per share in the second quarter of 2017 and $380 million or $0.91 per share in the third quarter of 2016. Quarterly net sales were $5.9 billion in the third quarter of 2017 compared with $5.8 billion in the second quarter of 2017 and $5.3 billion in the third quarter of 2016. The year-over-year revenue increase was primarily due to the pulp business that was acquired in late 2016. Business segment operating profits in the third quarter of 2017 were $707 million, compared with $129 million in the second quarter of 2017 and $613 million in the third quarter of 2016. The second quarter of 2017 includes the impact of the Kleen Products settlement. Click Read More below for additional information.
he National Association of Wholesaler Distributors (NAW) has secured a preliminary injunction blocking enforcement of Oregon’s EPR law after arguing that it imposes burdensome fees and taxes on distributors.
NAW is a trade association that represents companies that distribute products across various sectors, including food and industrial supplies.
“The injunction relieves NAW member companies of the fear of enforcement from the Oregon Department of Environmental Quality — an enforcement that comes with the potential of US$25,000 a day in penalties, which could cause severe harm,” says Hoplin.
“This is a new law, the first in the US. It is complex and imposes a massive regulatory and financial burden on distributors, many of whom are located across state lines and were unaware of the law until just a few months ago.”